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AXT, Inc. to Present at Piper Jaffray Technology Media and Telecommunications Conference

FREMONT, CA, Nov 04, 2011 (MARKETWIRE via COMTEX) -- AXT, Inc. (NASDAQ: AXTI), a leading manufacturer of compound semiconductor substrates, today announced that Morris S. Young, chief executive officer, and Raymond A. Low, chief financial officer, will present at the Piper Jaffray Technology Media and Telecommunications Conference in New York City on November 9th, 2011 at 4:00 pm ET. A webcast of the presentation will be available through the investor relations portion of the company's website at www.axt.com.

About AXT, Inc.

AXT designs, develops, manufactures and distributes high-performance compound and single element semiconductor substrates comprising gallium arsenide (GaAs), indium phosphide (InP) and germanium (Ge) through its manufacturing facilities in Beijing, China. In addition, AXT maintains its sales, administration and customer service functions at its headquarters in Fremont, California. The company's substrate products are used primarily in lighting display applications, wireless communications, fiber optic communications and solar cell. Its vertical gradient freeze (VGF) technique for manufacturing semiconductor substrates provides significant benefits over other methods and enabled AXT to become a leading manufacturer of such substrates. AXT has manufacturing facilities in China and invests in six joint ventures in China producing raw materials. For more information, see AXT's website at http://www.axt.com.

Contacts:
Raymond A. Low
Chief Financial Officer
(510) 683-5900

Leslie Green
Green Communications Consulting, LLC
(650) 312-9060


SOURCE: AXT, Inc.